2Mon·

Missing partial exemption for Etf JPM Nasdaq Equity Premium - solution coming (at ING)

$JEPQ (-0.61%) I had mentioned somewhere in the comments that the Etf does not yet take the partial exemption into account in the distribution.

The answer from ING's customer service:

So it's running

@Yield-Ahead

11 Comments

Yieldrology@Yield-Ahead

2Mon

Great, thank you for the update, so these really are teething problems for the new fund.

•

six@six

2Mon

ING must have slept through the turn of the year. Your message from 09.01.24 😉

Has anything changed in the meantime?
Are you happy with the ETF?

•

Dividende > Zinsen@GoDividend

2Mon

@six is doing what it should so far and fund growth is excellent. There are now 1.27 billion dollars in it

•

six@six

2Mon

@GoDividend Yes, I have seen that. But the payout ratio is quite low. I am surprised that JEPG has much less volume but has been running for much longer. Especially as it is more broadly diversified. Do you know if there are any overlaps between the two?

••

Dividende > Zinsen@GoDividend

2Mon

@six Why low quota? You can see the positions
https://am.jpmorgan.com/de/de/asset-management/adv/products/jpm-nasdaq-equity-premium-income-active-ucits-etf-usd-dist-ie000u9j8hx9#/portfolio

•

six@six

2Mon

@GoDividend ah ok. Here at Getquin the data shows 0.74% distribution yield. At Just ETF 0%
And it doesn't show a dividend forecast for this year either.
Ok, but over 9% is a house number compared to the 0.74% I thought 😂
Awesome piece.
Do you have the JEPG too?

••

Dividende > Zinsen@GoDividend

2Mon

@six Jupp.

•

Yieldrology@Yield-Ahead

2Mon

The second distribution of the ETF is due soon. Have you received a corrected January statement in the meantime, from which it can be concluded that the tax treatment is now correct? thank you.

••

Dividende > Zinsen@GoDividend

2Mon

@Yield-Ahead No, not yet. But then there are 2 corrections

•

Yieldrology@Yield-Ahead

2Mon

@GoDividend Nothing is happening with SC/Baader either. Let's just wait and see.

••

1aDNA@1aDNA

1Mon

How high are the taxes currently and where should they go if the distribution goes to 0 percent withholding tax? I'm a bit at a loss, that's why I'm asking

••